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Xauusdanalysis

Can the bulls help gold hit 3400 today?⭐️GOLDEN INFORMATION: Gold prices surged more than 0.80% on Wednesday during the North American session, buoyed by disappointing U.S. economic data that signaled a slowdown in business activity and softer job growth. XAU/USD climbed to $3,382 after rebounding from a session low of $3,343. Heightened tensions between the U.S. and China also contributed to bullish momentum in bullion. With uncertainty looming over upcoming trade negotiations between Washington and Beijing, investors sought refuge in safe-haven assets like gold. Adding to market jitters, President Donald Trump signed an executive order doubling tariffs on steel and aluminum imports—from 25% to 50%—effective June 4. The move came just days ahead of a highly anticipated call between Trump and Chinese President Xi Jinping, further fueling concerns over escalating trade frictions. ⭐️Personal comments NOVA: Buying power is continuing, will break out strongly in the US trading session ⭐️SET UP GOLD PRICE: 🔥SELL GOLD zone : 3435- 3437 SL 3442 TP1: $3420 TP2: $3410 TP3: $3400 🔥BUY GOLD zone: $3344- $3346 SL $3339 TP1: $3355 TP2: $3368 TP3: $3382 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
OANDA:XAUUSDLong
by Nova-Scalper
2
The long strategy has been successful, pullback and go long📰 Impact of news: 1. European Central Bank deposit facility rate in the eurozone as of June 5 2. Initial jobless claims data 3. Non-farm payroll data 4. Worsening geopolitical situation 📈 Market analysis: At present, the gold price has broken through the previous highs of 3392 and 3395. There is no obvious peak signal in the short term. At the same time, as the gold price continues to rise, the lower support will also move up in the short term, and the 4HMACD has a golden cross trend. In the short term, pay attention to the 3385 support below and the 3410 resistance above. The 1H indicator is close to the overbought area. We still need to be vigilant about the risk of rising and falling. If the gold price retreats to 3390-3385, we can consider going long with a light position. 🏅 Trading strategies: BUY 3390-3385-3375 TP 3400-3410 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD FOREXCOM:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDLong
by AllenBoswell-2
Is there still a chance for a bull market in gold's decline?📰 Impact of news: 1. European Central Bank deposit facility rate in the eurozone as of June 5 2. Initial jobless claims data 3. Non-farm payroll data 4. Worsening geopolitical situation 5. Watch the impact of the dialogue between Trump and Xi Jinping on gold 📈 Market analysis: This round of geopolitical conflict caused an upward breakthrough, but the price has cooled down due to the negotiations between China and the United States. The current market is swaying at 3374. In fact, gold has not yet taken a more obvious direction. After all, tomorrow, Friday, is a key node in the data market game. At the 4H level, today's European session has reached the 3404 line, and encountered resistance and pressure here. The current retracement is in line with our expectations, and we expect to go long. As long as the key position of the middle track is maintained, it will continue to rise after being pulled down. At present, I still hold long orders. 🏅 Trading strategies: BUY 3390-3385-3375 TP 3400-3410 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
OANDA:XAUUSDLong
by AllenBoswell-2
Gold Price Analysis May 6D1 Frame It is not surprising that the price has increased again. If this momentum continues, the 3408 level can be reached today. H1 Frame The uptrend is clear, heading towards the area above 3400. 3363 is a good support zone, suitable for BUY orders in the Asia - Europe session. 3344 is an important level. If broken, the short-term uptrend will be broken and we need to wait for a new wave. Resistance to watch 3382 is the nearest resistance zone in today's session. 3397 is an area prone to false breaks (old peaks). The price may react slightly here before reaching the 3408 level.
OANDA:XAUUSD
by TVS-Trader
1
Is gold going up or down?Gold trend analysis: Technically, gold seems to be fluctuating upward for the time being, and there is no room for a unilateral surge. However, through this week's slow rise, it can be seen that gold is still in an absolute bullish trend. Therefore, no matter how it adjusts, the decline is an opportunity for bulls to enter the position. Gold will first remain in the range of 3332-3392 to see an increase. If it rises above 3400, the upper side will be 3440-3500. If it falls back and breaks through 3330, the lower side will be 3280. Gold operation strategy: It is recommended to go long near 3360, stop loss at 3350, and target 3380-3390;
FX:XAUUSDLong
by MonaBert
2
Gold is expected to continue to 3410-3420At present, gold has risen to around 3395 in the short term, breaking through the short-term high of around 3392, and there is no clear peak signal; and after breaking through the previous high of around 3392, there is no need to worry about the suppression of the technical double top structure for the time being. From this point of view, gold still has the potential to continue to rebound in the short term, and is even expected to reach the 3410-3420 area; this morning, gold has not fallen below 3360 during the adjustment process. As gold rises, the lower support area gradually moves up. The current short-term support area is in the 3385-3375 area. Today's trading strategy: 1. Consider shorting gold when it first touches the 3410-3420 area, TP: 3395-3385 2. Consider trying to go long gold in small batches when gold falls back to the 3385-3375 area, TP: 3395-3405
OANDA:XAUUSDLong
by Steffen_Schade
Gold bulls are strong and clear, go long on pullbacksFrom the 4-hour analysis, the short-term support below is around 3354-62. If the daily level stabilizes at this position, the bulls will continue to fluctuate upward. Focus on the support of 3338-45. Pay attention to the suppression of 3395-3400. Keep the main tone of low-long participation around this range during the day. In the middle position, watch more and do less, be cautious and wait patiently for key points to enter the market. I will remind you of the specific operation strategy during the trading session, and pay attention to it in time. Gold operation strategy: 1. Go long when gold falls back to 3353-3362, and cover long when it falls back to 3340-45, stop loss at 3336, and target 3395-3400;
FXOPEN:XAUUSDLong
by ShirleyMilne
Gold Holds Above Key Support – Eyes Still on 3400 (READ CAPTION)By examining the gold chart on the 4-hour timeframe, we can see that the price successfully hit the $3367 target exactly as expected, and then corrected back to $3346. Currently, gold is trading around $3358, and if it can hold above $3350, we can expect further upside. Based on the previous analysis, the next bullish targets remain at $3367, $3380, $3391, and $3400. (Maximum support is always appreciated, my friends!)
FX_IDC:XAUUSDLong
by ArmanShabanTrading
16
XAUUSDThe trend of XAUUSD is fluctuating. Wednesday: XAUUSD in the Asian market rose sharply to 3372 and then quickly dropped to 3348. The current quotation is 3360. It is a good trading opportunity for traders who bought low yesterday. The lowest yesterday fell to 3333. The operating space fluctuates by about $40/ounce. Many people have no idea. The profit of trading 1 lot of buy orders is 4. The profit of trading 5 lots is 20k. This week is the monthly data news week. Including ADP. ECB interest rate decision, big non-agricultural data that have a significant impact on the economy. Trend observation. There is still an intention to continue to rise. In terms of operation, you can focus on buying at low levels. Pressure range: 3400-3390 Support range: 3340-3350 Under the influence of news. Many trends will be distorted due to the influence of data news. So I have been reminding you not to trade alone. If you want to follow good swing trading instructions to make reasonable trades and expand your profits, please leave us a message.
OANDA:XAUUSDLong
by Ludvig_Band_King
Gold= Breaks Resistance by Bullish Patterns + Geopolitical BoostGold ( OANDA:XAUUSD ) touched $3,337 as I expected in my previous idea . Gold has now managed to break the Resistance lines and is trying to break the Resistance zone($3,387-$3,357) . From a Classic Technical Analysis perspective, two Bullish Reversal Patterns are clearly visible on the Gold chart : Descending Broadening Wedge Pattern Inverse Head and Shoulders Pattern According to Elliott Wave theory , by breaking the Resistance zone($3,387-$3,357) , we can confirm the start of an impulsive wave . Also, given the increasing tension between Ukraine and Russia in recent days, there is a possibility that the price of Gold will increase due to the increased tensions . I expect Gold to start rising again after a pullback to the neckline and resistance lines , and after breaking the Resistance zone($3,387-$3,357) , to rise to the target I have indicated on the chart. Note: If Gold touches $3,299 , we should expect further declines. Note: There is a possibility of emotional movements in the chart today when Fed Chair Powell speaks. Gold Analyze ( XAUUSD ), 2-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OANDA:XAUUSDLong
by pejman_zwin
1
Trade Idea: XAUUSD Long (BUY LIMIT)Entry Type: Buy Limit Timeframe Alignment: H4 bullish continuation → M15 demand zone retest → M3 structure forming base at support Session Timing: Aligned with London–New York overlap (between 4:30 AM and 6:30 AM PST) ⸻ 🔹 Trade Setup • Entry: 3376.10 (Buy Limit) • Stop Loss: 3361.00 • Take Profit: 3412.00 ⸻ 🔹 Trade Logic • Price is pulling back into a clear M15 demand zone around 3376, which aligns with prior consolidation and breakout zone. • Trend remains bullish on the H4 and M15 with higher lows and sustained closes above the 50 EMA. • 3376 area also marks a low-volume imbalance fill on lower timeframes (M3), suggesting institutions may defend this level. • TP is just below prior H4 swing highs (~3415) ⸻ 🚫 Invalidation Window • cancel the trade entirely if not activated by 6:30 AM PST to maintain session alignment and volatility edge. FUSIONMARKETS:XAUUSD
FUSIONMARKETS:XAUUSDLong
by KeN-WeNzEl
Gold:Go short before you go long Gold is currently volatile upward trend, here can not avoid repeated retracement. Now the performance is relatively strong break 3884 short - term high, then the United States is expected to attack twice, then can participate in the long again. Note: long is the main, short is the auxiliary You can go short now, and then go long. Below is support around the 3365-70 zone Trading Strategy: SELL@3385-90 TP:3370-65 BUY@3365-70 TP:3390-3400 ↓↓↓ More detailed strategies and trading will be notified here ↗↗↗ ↓↓↓ Keep updated, come to "get" ↗↗↗
TVC:GOLDLong
by Boooob_
Gold Trading Strategy Overview June 5There is not much surprise with the D candlestick having increased again. The increase can completely reach 3408 today. The H1 wave structure also shows that the trend is increasing strongly and heading towards above 3400. 3363 is considered the first BUY support zone in the Asian and European sessions today. 3344 is the most important boundary zone of the trend, breaking this zone will cause the uptrend to break to 3400 in the short term and must wait for new uptrend waves. In the opposite direction, 3382 is the resistance zone of the Asian and European sessions today and is also the breakout zone, this zone will reach above 3400 but before that there will be a reaction around 3397, which is a very likely flash break zone of the previous peak. Resistance: 3382-3397-3410 Support: 3363-3344-3325-3317 Pay attention to trading at support and resistance zones when there is confirmation
OANDA:XAUUSD
by VHT_Trader
4
Bull market returns? Aiming at 3400?📰 Impact of news: 1. New uncertainty in Russia-Ukraine negotiations 📈 Market analysis: The current trend of gold prices is erratic and discontinuous, and only swing trading can be adopted during the day. In the short term, there is a certain pressure at 3385-3395 above. If this resistance area is broken, the gold price is expected to continue to rise. The short-term support below FOREXCOM:XAUUSD is at 3350-3340. At present, the news has a greater impact on the gold price, coupled with the support of market risk aversion, so in the short term, attention should be paid to the break of the upper resistance. 🏅 Trading strategies: BUY 3370-3365 TP 3385-3395-3400 SELL 3395-3400 TP 3380-3370 BUY 3350-3340 TP 3370-3380 If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices. OANDA:XAUUSD FX:XAUUSD FXOPEN:XAUUSD TVC:GOLD
OANDA:XAUUSDLong
by AllenBoswell-2
I still have a short position.Although gold has risen sharply to above 3380 due to the intensification of the Russian-Ukrainian conflict, it has not made a substantial breakthrough, and has not stabilized above 3380. The bulls are not determined, which also shows that the technical suppression in the 3290-3295 area above is still strong. If gold does not break through in one fell swoop, gold is likely to usher in a wave of retracement in the short term. Due to the fundamental impact of tariff issues and geopolitical conflicts, for short-term trading, we should not have too high expectations for the extent of the retracement for the time being, but it is expected to retrace to the 3365-3355 area. In terms of short-term trading, I still hold a short position executed near 3375, and I hope that gold can fall back and hit TP as expected. Trading strategy: Consider shorting gold in the 3375-3385 ​​area, TP: 3365-3355
OANDA:XAUUSDShort
by Steffen_Schade
Gold XAUUSD Possible Move 6th May 2025I'm watching two key demand zones today for potential buy opportunities: 📍 Zone 1: 3348–3352 (Blue Zone) Reasoning: This area aligns with a previous demand zone that has already shown strong bullish reaction. Price is currently retracing into this area. Signal to Enter: Look for: A liquidity sweep below the zone (e.g., a quick wick down grabbing stop-losses). Followed by a bullish engulfing candle or a break of minor structure to the upside on lower timeframes (e.g., M1–M5). Expectation: If confirmed, this could trigger the next leg up toward the recent highs (approx. 3385+). 📍 Zone 2: 3320–3325 (Red Zone) Reasoning: A deeper zone of interest where price last consolidated before a strong rally. Ideal for deeper pullback entries if the first zone fails. Signal to Enter: Look for a retest and bullish rejection with strong wick rejections or a CHoCH (Change of Character) on LTF. A clean break of minor bearish structure can serve as confirmation. Expectation: If this level holds, a bounce back toward the mid/high 3300s is likely. ✅ Trade Setup Summary: Buy Zone 1: 3348–3352 Signal: Liquidity grab + Bullish engulfing / BOS (low timeframes) Target: 3365–3375-85 Invalidation: Clean break and close below 3345 Buy Zone 2: 3320–3325 Signal: Rejection wicks + CHoCH or FVG entry Target: 3335–3355-3375 Invalidation: Break below 3315
FOREXCOM:XAUUSDLong
by QuinnReed_Charts